Economics

4. McEachern, p. 201, #101 A perfectly competitive firm has the following fixed

4. McEachern, p. 201, #101 A perfectly competitive firm has the following fixed and variable costs in the short run. The market price for the firm's product is $150. FC 100 100 10…

4. Measuring GDP The following table shows data on consumption, investments, exp

4. Measuring GDP The following table shows data on consumption, investments, exports, imports, and government expenditures for the United States in 2007, as published by the Burea…

4. Measuring GDP The following table shows data on consumption, investments, exp

4. Measuring GDP The following table shows data on consumption, investments, exports, imports, and government expenditures for the United States in 2011, as published by the Burea…

4. Minimum wage legislation The following graph shows the labor market in the fa

4. Minimum wage legislation The following graph shows the labor market in the fast-food industry in the fictional town of Supersize City Use the graph input tool to help you answe…

4. Minimum wage legislation The following graph shows the labor market in the fa

4. Minimum wage legislation The following graph shows the labor market in the fast-food industry in the fictional town of Supersize City. Use the graph input tool to help you answ…

4. Minimum wage legislation The following graph shows the labor market in the fa

4. Minimum wage legislation The following graph shows the labor market in the fast-food industry in the fictional town of Supersize City Use the graph input tool to help you answe…

4. Minimum wage legislation The following graph shows the labor market in the fa

4. Minimum wage legislation The following graph shows the labor market in the fast-food industry in the fictional town of Supersize City Use the graph input tool to help you answe…

4. Monetary policy and the Phillips curve The following graph shows the current

4. Monetary policy and the Phillips curve The following graph shows the current short-run Phillips curve for a hypothetical economy; the point on the graph shows the initial unemp…

4. Monopoly versus perfect competition Consider the daily market for hot dogs in

4. Monopoly versus perfect competition Consider the daily market for hot dogs in a small city. Suppose that this market is in long-run competitive equilibrium, with many hot dog s…

4. Monopsony labor market (10pts): Suppose Guillen Co., a company producing base

4. Monopsony labor market (10pts): Suppose Guillen Co., a company producing baseballs, has monopsony power. Assume you are given the following information for Guillen Co. Units of…

4. More on the AFN (Additional Funds Needed) equation Aa Aa Green Caterpillar Ga

4. More on the AFN (Additional Funds Needed) equation Aa Aa Green Caterpillar Garden Supplies Inc. reported sales of $720,000 at the end of last year; but this year, sales are exp…

4. Most firms inthe apparel and footwear indistries choose to outsource producti

4. Most firms inthe apparel and footwear indistries choose to outsource production to countries whrere labor is abundant (primary, Southeast Asia and the Carib bean)-but those for…

4. Mrs. Siegal has two alternative activities to help relieve her backache. In t

4. Mrs. Siegal has two alternative activities to help relieve her backache. In the first, she can visit a physiotherapist. The total time for a physiotherapist visit, including tr…

4. Natural monopoly analysis Aa Aa The following graph shows the demand (D) for

4. Natural monopoly analysis Aa Aa The following graph shows the demand (D) for cable services in a particular town. The graph also shows the marginal revenue (MR) curve, the marg…

4. Natural monopoly analysis Aa Aa The following graph shows the demand (D) for

4. Natural monopoly analysis Aa Aa The following graph shows the demand (D) for cable services in a particular town. The graph also shows the marginal revenue (MR) curve, the marg…

4. Net capital outflow and net exports An open economy interacts with the rest o

4. Net capital outflow and net exports An open economy interacts with the rest of the world through its involvement in world markets for goods and services and world financial mar…

4. Net capital outflow and net exports An open economy interacts with the rest o

4. Net capital outflow and net exports An open economy interacts with the rest of the world through its involvement in world markets for goods and services and world financial mar…

4. Official unemployment rate statistics may: a. overstate the amount of unemplo

4. Official unemployment rate statistics may: a. overstate the amount of unemployment by including part-time workers in the labor force calculations. b. understate the amount of u…

4. Okun\'s Law Suppose that the economy has a natural rate of unemployment of 5

4. Okun's Law Suppose that the economy has a natural rate of unemployment of 5 percent. Suppose short-run output (the output gap) over the next four years is-3 percent, zero perce…

4. On Tuesday nights, a local restaurant has a kid’s meal special. Nina takes he

4. On Tuesday nights, a local restaurant has a kid’s meal special. Nina takes her child to a restaurant for chicken nuggets. The restaurant does allow for additional purchase of c…

4. One of the most important economic decisions a family makes is whether or not

4. One of the most important economic decisions a family makes is whether or not to have children and how many children to have. A. In a society where mothers take care of their o…

4. Please solve the following problems and show your work for full points a. The

4. Please solve the following problems and show your work for full points a. The trade-to-GDP ratio for a nation that had $600 million in exports, $400 million in imports, and GDP…

4. Price Discrimination Let\'s assume that you are a manager for an amusement pa

4. Price Discrimination Let's assume that you are a manager for an amusement park. Your company has just found new evidence that your market demand can be broken into two separate…

4. Prices for a hypothetical good have been rising over an extended time period.

4. Prices for a hypothetical good have been rising over an extended time period. Describe at least two non-governmentally-caused market supply conditions that might explain these …

4. Private solutions to externalities Aa Aa Consider a town with a river. The to

4. Private solutions to externalities Aa Aa Consider a town with a river. The town has a hiking lodge whose visitors use the river for recreation. The town also has a chemical pla…

4. Private solutions to externalities Aa Aa E Consider a village with a lake. Th

4. Private solutions to externalities Aa Aa E Consider a village with a lake. The village has a resort whose visitors use the lake for recreation. The village also has a chemical …

4. Problems and Applications Q4 The health insurance reform signed into law by P

4. Problems and Applications Q4 The health insurance reform signed into law by President obama in 2010 included the following two provisions: A. Insurance companies must offer hea…

4. Producing Public Goods a) Explain what is meant by a debt for nature swap. Ho

4. Producing Public Goods a) Explain what is meant by a debt for nature swap. How do they contribute to the production of public goods? b) Explain what is meant by ecotourism. How…

4. ProductWars Production Possisiltles Rice 750 50 300 150 Coen 0 100 10 200 20

4. ProductWars Production Possisiltles Rice 750 50 300 150 Coen 0 100 10 200 20 Wats at's Production Possibilities Product A Rice 2,500 2,000 1,500 1,000 00 Corm100 200 300 400 00…

4. Productivity and growth policies Consider a small island country whose only i

4. Productivity and growth policies Consider a small island country whose only industry is fishing. The following table shows information about the small economy in two different …

4. Profit maximisation in the cost-curve diagram Imagine that the market for fry

4. Profit maximisation in the cost-curve diagram Imagine that the market for frying pans is a competitive market. The following graph shows the daily cost Hint: After placing the …

4. Profit maximization Consider Live Happley Fields, a small player in the straw

4. Profit maximization Consider Live Happley Fields, a small player in the strawberry business whose production has no individual effect on wages and prices. Live Happley's produc…

4. Profit maximization in the cost-curve diagramm Suppose that the market for po

4. Profit maximization in the cost-curve diagramm Suppose that the market for polo shirts is a competitive market. The following graph shows the daily cost curves of a firm operat…

4. Profit maximlzation and loss minimization BY08 Is a monopolist in teer produc

4. Profit maximlzation and loss minimization BY08 Is a monopolist in teer production and distrt ution insma country. Suppose that BYOB carnot price disariminate. It sells ts beer …

4. Promoters of a major college basketball tournament estimate that the demand f

4. Promoters of a major college basketball tournament estimate that the demand for tickets on the part of adults is given by Qad 5,000 - 10P, and that the demand for tickets on th…

4. Putting all these concepts together: (40 points) a. Calculate GDP. (These are

4. Putting all these concepts together: (40 points) a. Calculate GDP. (These are in terms of Sbillions.) Transfer payments Government purchases Personal taxes $35 $76 $44 Personal…

4. Putting it all together. Using this data, answer the following questions. You

4. Putting it all together. Using this data, answer the following questions. You should consider 2013 to be your base year. a. Fill in each of the 15 blanks shown below: Inflation…

4. Read the article “Cord-Cutting Still Doesn\'t Beat the Cable Bundle” from WIR

4. Read the article “Cord-Cutting Still Doesn't Beat the Cable Bundle” from WIRED Magazine at https://www.wired.com/story/give-me-a-bundle-for-cord-cutters/ a. Towards the end of …

4. Real gross domestic prodact A. measures the value of fimal goods and services

4. Real gross domestic prodact A. measures the value of fimal goods and services produced within the borders of a given country during a glven time period adjusted for inflation B…

4. Real interest rates. The Excel spreadsheet PS1-data.xls provides data on the

4. Real interest rates. The Excel spreadsheet PS1-data.xls provides data on the monthly Federal Funds rate and the CPI for all urban consumers from 1970:1 to 2010:11. (a) Compute …

4. Real versus nominal GDP Consider a simple economy that produces two goods: cu

4. Real versus nominal GDP Consider a simple economy that produces two goods: cupcakes and oranges. The following table shows the prices and quantities of the goods over a three-y…

4. Redistributive philosophies Complete the following table by selecting the red

4. Redistributive philosophies Complete the following table by selecting the redistributive philosophy that matches each statement. Statement Utilitarianism Libertarianism Liberal…

4. Redistributive philosophies and incentives Consider a society comprised of tw

4. Redistributive philosophies and incentives Consider a society comprised of two people. Larry earns an income of $85,000 per year and Megan earns an income of $25,000 per year. …

4. Redistributive philosophies and incentives Consider a society comprised of tw

4. Redistributive philosophies and incentives Consider a society comprised of two people. Darnell earns an income of $100,000 per year and Eleanor earns an income of $30,000 per y…

4. Redistributive philosophies and incentives Consider a society comprised of tw

4. Redistributive philosophies and incentives Consider a society comprised of two people. Lorenzo earns an income of $120,000 per year and Neha earns an income of $35,000 per year…

4. Refe r to Table 28-3. How many adults were not in Baltivia’s labor force in 2

4. Refer to Table 28-3. How many adults were not in Baltivia’s labor force in 2009? 5. Refer to Table 28-3. What was Baltivia’s unemployment rate in 2009?    2009 Labor Data for B…

4. Refer to Table 1. We could use the information in the table to draw a product

4. Refer to Table 1. We could use the information in the table to draw a production possibilities fronties for England and a second production possibilities frontier for Holland. …

4. Refer to the figure above. If the Federal funds market is at equilibrium at p

4. Refer to the figure above. If the Federal funds market is at equilibrium at point B and the Federal Reserve decides to change the rate by a percentage point in order to reduce …

4. Rising wholesale fair-trade coffee bean prices forced the local Dumber f cus

4. Rising wholesale fair-trade coffee bean prices forced the local Dumber f cus of price of coffee from 90 cents to 95 cents a cup. As a result, from 1050 to 870 a day. to raise i…

4. S and trade When a country has a comparative advantage in the production of a

4. S and trade When a country has a comparative advantage in the production of a good, it means that it can produce this good at a lower opportunity cost than its trading partner.…